BIZ-WEEKLY-MARKETS-REPORT 3

Pulses: The wholesale pulses market depicted a firm trend during the week as select pulses led by urad and gram, recovered by up to Rs 450 per quintal on emergence of buying by stockists, driven by pick up in demand from retailers amid tight stocks positions on fall in supplies from producing belts.

Traders said fresh buying by stockists on the back of uptick in demand from retailers against restricted arrivals from producing regions, mainly pushed up urad, gram and other pulses prices.

Fresh enquiries from dal mills also supported the upmove, they said.

In the national capital, urad surged to Rs 5,650-6,800 from previous level of Rs 5,200-6,600 per quintal. Its dal chilka local, best quality and dhoya were up by Rs 300 each to Rs 5,900-6,000, Rs 6,000-6,500 and Rs 6,400-6,600 per quintal respectively.

Gram, gram dal local and best quality were also seen in demand and settled higher at Rs 5,800-6,900, Rs 6,900-7,300 and Rs 7,300-7,400 per quintal, respectively.